Pick a professional sport such as baseball, football, soccer, basketball, or NASCAR. You want to begin a franchise for that particular sport in a particular city. Please develop a business plan for that franchise which includes a...
For this week's group dialogue, please respond to the prompt stated below. Be sure to cite additional Scripture to support your positions. A grading rubric for this assignment can be found in the "Grades and...
Building on Minor Projects 1 and 2, please conduct a new sports franchise feasibility study and economic analysis. Please watch the videos that are included in this week's study materials and use them as a guide. Your feasibility study and...
Managerial Economics provides insight on how to make successful business decisions. Please provide your favorite topics discussed and tell why. How can you use the information covered in the next thirty days? Include a minimum of one...
in 250-300 words answer the following question make sure you have references. First, read the following article: The Roster Depreciation Allowance: How Major League Baseball Teams Turn Profits Into Losses. Then, discuss the potential ethical concerns that are...
in 250-300 words with references awnser the following: Discuss the impact of the Tax Reform Act of 1986 and whether you believe the law was a financial benefit or deficit to the development of sport facilities. Justify your response.
What did you think of the class? What did you learn that you think you will still remember in 4 months? What do you think of the online/blended experience? Anything else you would like to add…
We recently discussed marginal cost as it relates to decision making. We also discussed the four market structures as they relate to setting prices and output decisions. Look at the lectures on chapters 13 through 17. What are some of the takeaways that you have after...
This past week we discussed the impact of price controls on the economy. There seems to be a big divide when it comes to the role of the market and the role of the government in today's society. Use this week's discussion as an opportunity to discuss your...
Pick a product that you consume on a regular basis. Using the Supply and Demand Model analyze the change in price and quantity that can occur. What are somethings that might shift demand for that product? What are things that might shift supply of that product? How...
Pick a product or service that you consume on a regular basis and speculate on what the elasticity of demand might be for that product. What might be the income elasticity of demand for that product? Explain and support why you think the product has the...
In Chapter 10 and 11 we discuss the concepts of Externalities, Common Recourses, and Public Goods. How can we apply these concepts to what is going on today in the news? What externalities are there from people's behavior choices? What are the Common...